Dalal Street Breakfast: 13 September 2024

Pre-Market Report for the Indian Stock Market with Nifty Key Levels at 8 AM

Today’s Markets

U.S. stocks ended near the session's highs on Thursday. US Futures are now trading flat.

Europe closed in green. Asia opens mixed.

GIFT Nifty is trading at 25390 indicating a flat to positive opening for Nifty.

Nifty Key Levels: Bullish above 25344 and Bearish below 25313. Please note that these levels are plotted in the Nifty Futures chart. To know how to use the key level system, please check this post.

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Key Stock Updates

New Orders & Projects:

• KPIL wins new orders worth INR 2,774 crore across T&D, Airport & Residential sectors.

• HPL Electric receives INR 143.77 crore order for Smart Meters.

Partnerships, Acquisitions & Investments:

• ONGC increases stake in OPaL to 91.16% after CCD conversion.

• Puravankara acquires Miami Apartments redevelopment rights in South Mumbai.

• Linde India invests INR 35 crore for 27% stake in Zenataris.

• BLS acquires 100% stake in Citizenship Invest, expanding visa services.

• MFSL increases stake in subsidiary MRHMFL to 61.33% via conversion.

• Tata Power and Tata Motors to set up 200 EV fast-charging stations.

• Thermax and Ceres Power sign global license for green hydrogen SOEC.

• Airtel and Sparkle expand global network with Blue-Raman cable.

• MapmyIndia partners with Zoomcar for AI-powered travel integration and seamless bookings.

Business Operations:

• Intellect Design Arena launches eMACH.ai, enhancing Sri Lankan financial tech.

• Sarveshwar Foods Expands product line with new rice-based offerings.

• Sterlite Technologies Limited launches cutting-edge microcables.

• HFCL unveils advanced high-density fibre solutions for UK's network expansion.

• EaseMyTrip launches ScanMyTrip.com on ONDC, boosting travel service accessibility.

• Maruti Suzuki's new Swift S-CNG is India's most fuel-efficient hatchback.

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Today’s Corporate Calendar

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Today’s IPOs

Open for Bidding:

Listing:

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Key Deals

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Recent Insider Activity

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Today’s Economic Calendar

No events

That’s all for today. All the charts and data points are taken from Finvezto Toolkit. Try Finvezto Toolkit for 7 Days here.

Disclaimer: Anand Ganapathy K is a SEBI-registered Research Analyst with SEBI registration number INH000016630. This weekly update highlights market trends and upcoming events for your awareness. It does not recommend buying or selling stocks mentioned in this newsletter. Securities market investments carry market risks. Kindly review all related documents before investing.